Examlex
A technical firm that assembles computers decides to buy LCD monitors from a supplier that specializes in LCD monitors and batteries.The materials manager at the firm suggests to the top management to place an order for both monitors and batteries at the same time so that he can save on transportation costs and also get a discount for bulk purchase.The role played by the manager is that of a(n) :
Tort
Tort is a legal term referring to a civil wrong that causes someone else to suffer loss or harm, resulting in legal liability for the person who commits the tortious act.
Void
Describes a contract or legal agreement that has no legal force from the outset and cannot be enforced.
Statute of Frauds
A legal principle that requires certain types of contracts to be in writing and signed by the relevant parties to be enforceable.
20th Century
A historical period spanning from January 1, 1901, to December 31, 2000, known for significant technological, political, and social changes.
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